Capital Management Associates Inc Sells 14,526 Shares of SPDR Gold MiniShares Trust $GLDM

Capital Management Associates Inc reduced its position in SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 49.3% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 14,924 shares of the company’s stock after selling 14,526 shares during the quarter. Capital Management Associates Inc’s holdings in SPDR Gold MiniShares Trust were worth $978,000 as of its most recent filing with the SEC.

Other institutional investors also recently modified their holdings of the company. ORG Partners LLC bought a new stake in shares of SPDR Gold MiniShares Trust in the 2nd quarter valued at $28,000. PSI Advisors LLC boosted its stake in shares of SPDR Gold MiniShares Trust by 102.6% in the 1st quarter. PSI Advisors LLC now owns 472 shares of the company’s stock valued at $29,000 after purchasing an additional 239 shares during the last quarter. Asset Planning Inc bought a new stake in shares of SPDR Gold MiniShares Trust in the 1st quarter valued at $29,000. GAMMA Investing LLC bought a new stake in shares of SPDR Gold MiniShares Trust in the 1st quarter valued at $29,000. Finally, Beacon Capital Management LLC bought a new stake in shares of SPDR Gold MiniShares Trust in the 2nd quarter valued at $38,000.

SPDR Gold MiniShares Trust Price Performance

Shares of NYSEARCA GLDM opened at $80.09 on Thursday. SPDR Gold MiniShares Trust has a 12-month low of $50.67 and a 12-month high of $80.36. The company’s fifty day simple moving average is $70.62 and its 200 day simple moving average is $66.93.

SPDR Gold MiniShares Trust Company Profile

The SPDR Gold MiniShares Trust (GLDM) is an exchange-traded fund that is based on the LBMA Gold Price index. The fund tracks the gold spot price, less expenses and liabilities, using gold bars held in London vaults. GLDM was launched on Jun 25, 2018 and is issued by State Street.